Used as an intermediate in the synthesis of antioxidants and photostabilizers, particularly in the plastic and resin industries, this chemical helps prevent degradation caused by ultraviolet (UV) light and heat exposure. It contributes to extending the service life of polymer-based products by enabling the production of effective stabilizers. Commonly incorporated into formulations for plastic films, surface coatings, and materials exposed to prolonged sunlight, it supports the maintenance of material strength and color integrity.